Trying for 100% back BRRRR is a bad strategy!

[Jorge Vazquez]

The goal of pulling out all of the money is a little unrealistic right away, puts a lot of pressure on you and your team. This is especially the case when you are trying to do volume and want to build a big portfolio fast. I usually try to get at least 80% to 90% of my money back within the first 12 months. And the reason I say this is because if I wait for the perfect scenarios to get 100%, chances are I'm gonna miss a whole bunch of good deals, upset my GC, property manager, and my acquisition team. And by the time I finally find the properties I need to build a significant portfolio, the properties will cost me more, therefore defeating the whole purpose. I'm just talking about people that want to gain real momentum, have the cash to keep out 10-20% long-term out, and are serious about building a big portfolio of great properties as fast as possible. Do not let 10% steal your thunder!!!! :)